Household Saving Rate in Norway decreased to 6.60 percent in the second quarter of 2018 from 7 percent in the first quarter of 2018. Personal Savings in Norway averaged 6.45 percent from 2002 until 2018, reaching an all time high of 13.20 percent in the second quarter of 2005 and a record low of -1.20 percent in the second quarter of 2006.

Personal Savings in Norway is expected to be 6.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in Norway to stand at 7.20 in 12 months time. In the long-term, the Norway Household Saving Ratio is projected to trend around 8.70 percent in 2020, according to our econometric models.

Norway Household Saving Ratio
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Forecast Data Chart
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Norway Consumer Last Previous Highest Lowest Unit
Consumer Confidence 14.60 15.20 34.90 -17.40 Index Points [+]
Retail Sales MoM -0.70 0.40 15.40 -9.00 percent [+]
Retail Sales YoY 0.70 1.10 8.90 -4.40 percent [+]
Consumer Spending 369151.00 369764.00 369764.00 122919.00 NOK Million [+]
Disposable Personal Income 300593.00 270754.00 300593.00 172022.00 NOK Million [+]
Personal Savings 6.60 7.00 13.20 -1.20 percent [+]
Consumer Credit 3416168.00 3393367.00 3416168.00 448169.00 NOK Million [+]
Household Spending -1.40 2.30 10.20 -10.90 percent [+]
Households Debt To GDP 101.60 101.50 101.60 40.40 percent of GDP [+]
Households Debt To Income 197.54 193.65 197.54 118.51 percent [+]
Gasoline Prices 1.96 1.90 2.63 1.19 USD/Liter [+]
Consumer Confidence Current Conditions 11.59 0.17 64.60 -65.10 [+]
Consumer Confidence Economic Expectations 12.42 -5.06 38.30 -52.20 [+]
Consumer Confidence Financial Expectations 25.56 21.96 30.40 -2.80 [+]
Consumer Confidence Major Purchases Expectations 13.28 11.64 48.15 -29.69 [+]


Norway Household Saving Ratio

In Norway, Personal Savings correspond to the personal income saved during a certain period of time. This page provides - Norway Personal Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Household Saving Ratio - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.60 7.00 13.20 -1.20 2002 - 2018 percent Quarterly
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Country Last
Australia 1.00 Jun/18
Canada 3.40 Jun/18
China 0.35 Dec/18
Euro Area 12.08 Jun/18
France 14.32 Jun/18
Germany 10.20 Jun/18
India 26099.21 Dec/16
Italy 8.60 Jun/18
Japan 12.50 Sep/18
Mexico 21.50 Dec/17
Netherlands 24.60 Jun/18
South Africa 0.40 Jun/18
South Korea 8.80 Dec/17
Spain 12.45 Jun/18
Switzerland 13.50 Dec/17
United Kingdom 4.40 Jun/18
United States 6.20 Sep/18


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